Worldwide merger and acquisition activity has reached $2 trillion so far this year, up 75 percent from last year, according to Thomson Reuters data.» Read More
PARIS, July 22- Danone is expected to report a steep fall in first-half profit on Friday due to weak sales of baby food in Asia and dairy products in Europe, with some analysts skeptical it will see a big enough rebound to meet full-year targets.
SYDNEY, July 22- London zinc rose for a second session to hit a near-three-year high on Tuesday and aluminium touched a 16- month peak as supply constraints prompted expectations of further gains.
*Credit Suisse to exit commodities trading. ZURICH, July 22- Credit Suisse Group AG reported its biggest quarterly loss since the peak of the financial crisis in 2008, the result of a 1.6 billion Swiss franc settlement with U.S. authorities over helping its clients evade taxes.
MEXICO CITY, July 21- Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance.
LONDON, July 21- Currency investors began on Monday to show a glimmer of concern over the risks a surprise from Scotland's September vote on independence might pose to sterling, having appeared complacent over the issue so far.
July 21- Volume in Barclays Plc's private U.S. trading venue, or "dark pool," fell 79 percent in the week and a half after the New York attorney general accused the British bank of giving an unfair edge to high-speed traders, according to data released on Monday.
*But falls milder than when Ukraine crisis erupted. MOSCOW, July 21- Russian shares slid on Monday to a two-month low as Moscow came under fierce international pressure over the downing of Malaysia Airlines flight MH17 and European governments threatened to follow the United States in widening economic sanctions.
*Holiday in Japan saps currency markets. LONDON, July 21- The yen and Swiss franc climbed on Monday, supported by safe-haven inflows as European stocks stumbled, while the dollar was pegged back against the euro by subdued U.S. yields. Volumes were light though, due to a holiday in Japan.
JOHANNESBURG, July 18- South African pension manager Alexander Forbes priced its stock market listing in the middle of its marketed range on Friday, raising 3.7 billion rand in Africa's second-largest initial public offering this year. The pricing points to fairly strong demand when the company lists on the Johannesburg bourse next Thursday, a trader said.
July 18- General Electric Co's credit card unit, Synchrony Financial, said it expects to raise up to $3.25 billion in a public offering of shares, in what is expected to be the biggest U.S. The offering of 125 million shares is expected to be priced at between $23 and $26 per share, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
NEW YORK, July 18- After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. For example, Morgan Stanley is looking at making more loans to energy producers and sell more commodity-linked products to retail investors, the sources told Reuters. Commodities trading was big for Morgan Stanley before the financial crisis.
July 18- Catalent Inc, controlled by Blackstone Group LP, said it expects its initial public offering to be priced between $19 and $22 per share, valuing the company at about $2.57 billion at the top end. The company's major customers include Pfizer Inc, Johnson& Johnson, GlaxoSmithKline Plc, Merck& Co Inc and Novartis AG.
One such deal came on Tuesday, when Camel cigarettes maker Reynolds American said it would buy rival Lorillard for $26.8 billion. As part of the takeover, Britain's Imperial Tobacco Group bought a number of brands and assets from both companies for $7.1 billion. Imperial adviser Goldman Sachs ranked top in the M&A league tables, ahead of Morgan Stanley and Citi.
MOSCOW, July 18- Top Russian oil producer Rosneft said it would continue to work on existing projects and agreements and honour its obligations despite U.S. sanctions slapped on the company over Moscow's role in the Ukraine crisis.
SEOUL, July 18- Line Corp, a Japan- based social messaging service firm, has filed for an initial public offering in the United States, Bloomberg news reported on Friday, citing unidentified sources. Line's parent company, South Korea's Naver Corp, said on Wednesday that Line had filed for an initial public offering in Tokyo.
NEW YORK, July 17- Global stock markets slumped on Thursday, while safe-haven gold and bond prices rose following an escalation of violence in Gaza and the downing of a passenger plane at the Ukraine- Russia border.
Wall Street stocks started the day with modest losses after the United States announced new sanctions against Russia in response to recent unrest in Ukraine. Subsequently, a Malaysian airlines jet was downed over eastern Ukraine near the Russian border, sparking a further fall in risk assets on concerns that the conflict might widen.
*Malaysian Airliner downed in Ukraine war zone, 295 dead. NEW YORK, July 17- U.S. stocks fell on Thursday in volatile trading on news that a Malaysian Airlines passenger jet crashed near the Ukraine- Russia border, after the United States and European Union imposed sanctions on Russia.
NEW YORK, July 17- Stock markets around the world on Thursday were sharply lower and safe-haven investments like gold and government bonds rose after news a Malaysian airlines jet was shot down over eastern Ukraine near the Russian border.
Strong showings in wealth management and investment banking helped Morgan Stanley more than double quarterly earnings and beat estimates.